Bello
With the predictions of Grand View Research, Africa must have to ensure it does not lose grip on the exciting contribution of blockchain elements to the gaming industry.
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In 2022, Binance published an article titled How Africa Can Lead the Blockchain Gaming Revolution. Per the article, 38 per cent of the 41.9 million worlds cryptoholding gamers (aged between 21 and 38) are the reason behind the increasing interest in trading in gaming, utilizing crypto and digital currency.
On the back of several divergent comments, launching a Nollywood adaptation game is a major step in capturing momentum in the global gaming industry.
Besides this launch, Africas gaming sector has improved massively, gaining the attention of many and catapulting it into a pivotal international player in the demonstration of innovation in the global gaming ecosystem.
As reported by market and intelligence firm Grand View Research, the significant growth will be galvanized by the adaptation of blockchain gaming by traditional gamers.
The report discusses the shift from traditional gaming to alternatives that offer Web3esque traits, some of which are ownership of assets, transparency, and gaming monetization.
Keypoints
- Technext Newsletter
- The state of blockchain gaming in Africa